Dr Miriam And Sheldon G Adelson Medical Research Foundation
- Assets
- $9.8m
- Revenue
- $46.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Needham, MA
- Founding
- 01/2008
- Data as of
- 12/2021
- EIN
- 04-7023433
Organization Overview
Dr Miriam And Sheldon G Adelson Medical Research Foundation is located in Needham, MA. The organization was established in 2008. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dr Miriam And Sheldon G Adelson Medical Research Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Dr Miriam And Sheldon G Adelson Medical Research Foundation generated $46.3m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $38.3m during the year ending 12/2021. While expenses have increased by 0.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Dr Miriam And Sheldon G Adelson Medical Research Foundation has awarded 153 individual grants totaling $149,834,736. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristian Hedstrom Program Officer | 40 | $241,080 | |
Shelley Dirusso Director Of Finance | 40 | $160,706 | |
Andrea Swiman Funding & Contracts | 40 | $109,597 | |
Steven Garfinkel VP & General Counsel | 5 | $0 | |
Sheldon G Adelson Dec 11121 Trustee | 1 | $0 | |
Dr Miriam Adelson Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Golin | 12/30/21 | $63,256 |
Interface Operations Llc | 12/30/21 | $133,430 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $46,333,953 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $46,333,953 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $475,951 |
| Pension plans, employee benefits | $99,057 |
| Interest | $0 |
| Taxes | $30,174 |
| Depreciation | $382,988 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $165,511 |
| Total operating and administrative expenses | $1,297,646 |
| Contributions, gifts, grants paid | $36,957,488 |
| Total expenses and disbursements | $38,255,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,804,715 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,020,235 |
| Other assets | $0 |
| Total assets | $9,824,950 |
| Accounts payable and accrued expenses | $7,802 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,802 |
Grants Awarded
Over the last fiscal year, Dr Miriam And Sheldon G Adelson Medical Research Foundation has awarded $36,957,488 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF CALIFORNIA LOS ANGELES PURPOSE: MEDICAL RESEARCH | $6,455,684 |
JOHNS HOPKINS UNIVERSITY PURPOSE: MEDICAL RESEARCH | $3,213,706 |
THE REGENTS OF THE UNIVERSITY OF CALIFORNIA SF PURPOSE: MEDICAL RESEARCH | $2,773,181 |
DANA FARBER CANCER INSTITUTE PURPOSE: MEDICAL RESEARCH | $1,655,985 |
WEIZMANN INSTITUTE OF SCIENCE PURPOSE: MEDICAL RESEARCH | $1,650,906 |
Cambridge, MA PURPOSE: MEDICAL RESEARCH | $1,581,009 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dr Miriam And Sheldon G Adelson Medical Research Foundation Needham, MA | $9,824,950 | $46,333,953 |
Hope For Youth Inc Amityville, NY | $10,865,800 | $14,335,992 |
Lauren And Lee Fixel Family Foundation Inc New York, NY | $40,185,371 | $21,974,777 |
Joy In Childhood Foundation Inc Canton, MA | $7,582,989 | $8,931,292 |
Joint Council For Economic Opportunity Of Clinton & Franklin Plattsburgh, NY | $5,357,972 | $10,698,049 |
Health Management Group Ltd Getzville, NY | $13,266,135 | $8,802,636 |
Roy Lichtenstein Foundation New York, NY | $85,182,586 | $2,378,185 |
Mccance Foundation Tr North Scituate, MA | $91,930,926 | $3,999,038 |
Childrens Dyslexia Centers Inc Lexington, MA | $70,604,540 | $15,265,584 |
North Central Area Agency On Aging Inc Hartford, CT | $1,856,134 | $6,505,484 |
Hampton Classic Horse Show Inc Bridgehampton, NY | $1,702,497 | $4,948,481 |
Peggy Mcgrath Rockefeller Foundation New York, NY | $16,278,993 | $1,905,197 |